9/13/2024 | Posted in New Developments by Paul Solomons
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More

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  2/22/2024 | Posted in Ontario Real Estate by Paul Solomons
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Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers

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  2/5/2020 | Posted in Canadian Housing Market by Paul Solomons
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.

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Real Estate & Mortgage News

  1/7/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.

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  6/7/2019 | Posted in Ontario Real Estate by Paul Solomons
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The Ontario government has passed legislation which aims to tackle the province’s housing crisis.

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Real Estate & Mortgage News

  6/2/2019 | Posted in Toronto Real Estate by Paul Solomons
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips ... More

Real Estate & Mortgage News

  5/11/2019 | Posted in Canadian Housing Market by Paul Solomons
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The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More

Real Estate & Mortgage News

  4/30/2019 | Posted in Canadian Housing Market by Paul Solomons
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For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.

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Real Estate & Mortgage News

  10/2/2018 | Posted in GTA Real Estate by Paul Solomons
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Ryerson City Building Institute report finds that low-rises and townhouses could help tamper the GTHA’s affordability crisis, using Mississauga as a case study.

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Real Estate & Mortgage News

  9/29/2017 | Posted in Ontario Real Estate by Paul Solomons
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In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More

Real Estate & Mortgage News

  6/8/2017 | Posted in Toronto Real Estate by Paul Solomons
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Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary.

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Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Paul Solomons
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

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Real Estate & Mortgage News

  3/28/2017 | Posted in Ontario Real Estate by Paul Solomons
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

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Real Estate & Mortgage News

  3/27/2017 | Posted in Toronto Real Estate by Paul Solomons
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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More

Real Estate & Mortgage News

  2/12/2017 | Posted in Real Estate News by Paul Solomons
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

Real Estate & Mortgage News

  2/7/2017 | Posted in Toronto Real Estate by Paul Solomons
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Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ... More

Real Estate & Mortgage News

  1/30/2017 | Posted in Toronto Real Estate by Paul Solomons
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In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More

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